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The Elms, Toronto is a west Toronto neighbourhood known for a high number of trades, agricultural / natural resource, and manufacturing workers, high school grads, and young kids. It is a diverse neighbourhood notable for a high number of Somali, Aboriginal Languages, Spanish, Vietnamese, and Persian speakers.
The Elms largely features condos, accounting for 44% of sales, followed by detached houses at 40% and condo townhouses at 12%. Condo apartments are the most common style and the majority of properties have 3 bedrooms. The average price in The Elms over the past 12 months is $413,232, an increase of 14% over the same period last year. The average condo price over the past 12 months is $225,709 as compared to the average freehold price of $684,949 over the same period.